Land deal for new Red Wings arena focus of hearing Wednesday

Published On: Jan 28 2014 07:34:04 PM EST
New Red Wings arena site
DETROIT -

A public hearing is scheduled Wednesday on the proposed transfer of city-owned land as part of a new $650 million Detroit Red Wings arena and entertainment complex north of downtown Detroit.

Officials will take public comment during the hearing at City Hall.

The Detroit City Council already has approved a tax financing plan and expanding the boundaries of the Downtown Development Authority district where the project could be constructed.

The 18,000-seat arena would become the new home for the NHL team, which now plays at aging Joe Louis Arena.

The city's Downtown Development Authority would own the arena and event center complex. Olympia Development would have exclusive rights to use, manage and operate it, and hold naming rights.

The llitch family owns Olympia Development and the Red Wings.

Comments

The views expressed below are not those of Click On Detroit, WDIV, or its affiliated companies. By clicking on "Post," you acknowledge that you have read the Terms of Service and your comment is in compliance with such terms. Readers, please help keep this discussion respectful and on topic by flagging comments that are offensive or inappropriate (hover over the commenter's name and you'll see the flag option appear on right side of that line). And remember, respect goes both ways: Tolerance of others' opinions is important in a free discourse. If you're easily offended by strong opinions, you might skip reading comments entirely.

blog comments powered by Disqus